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ObjectId: 201643199349306369 - Submission: 2016-11-14
TIN: 54-1533426
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Information about Schedule R (Form 990) and its instructions is at
www.irs.gov/form990
.
OMB No. 1545-0047
20
15
Open to Public Inspection
Name of the organization
Virginia Community Development Corp
Employer identification number
54-1533426
Part I
Identification of Disregarded Entities
Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Total income
(e)
End-of-year assets
(f)
Direct controlling
entity
(1)
Virginia Community Development Advisory Services
1840 W Broad Street
Richmond
,
VA
23220
ADVISORY
VA
NA
Part II
Identification of Related Tax-Exempt Organizations
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))
(f)
Direct controlling
entity
(g)
Section 512(b)(13) controlled entity?
Yes
No
(1)
Virginia Community Development Fund Inc
1840 W Broad Street Suite 200
Richmond
,
VA
23220
54-1914519
Affordable Housing
VA
501 (c)3
9
NA
(2)
Housing Capital Corporation of Virginia
1840 W Broad Street Suite 200
Richmond
,
VA
23220
54-1594102
Affordable Housing
VA
501 (c)3
9
NA
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2015
Page 2
Schedule R (Form 990) 2015
Page
2
Part III
Identification of Related Organizations Taxable as a Partnership
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
(1)
Housing Equity Fund of Virginia III LP
1840 West Broad Street Suite 200
Richmond
,
VA
23220
54-1782330
Affordable Housing
VA
NA
(2)
Housing Equity Fund of Virginia IV LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
54-1870475
Affordable Housing
VA
NA
(3)
Housing Equity Fund of Virginia V LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
54-1921574
Affordable Housing
VA
NA
(4)
Housing Equity Fund of Virginia VI LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
54-1965847
Affordable Housing
VA
NA
(5)
Housing Equity Fund of Virginia VII LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
54-2024051
Affordable Housing
VA
NA
(6)
Housing Equity Fund of Virginia VIII LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
59-3764159
Affordable Housing
VA
NA
(7)
Housing Equity Fund of Virginia IX LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
03-0509359
Affordable Housing
VA
NA
(8)
Housing Equity Fund of Virginia X LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
20-2406387
Affordable Housing
VA
NA
(9)
Housing Equity Fund of Virginia XI LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
20-8007900
Affordable Housing
VA
NA
(10)
Housing Equity Fund of Kentucky I LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
20-2620149
Affordable Housing
VA
NA
(11)
Local and Historic Equity Fund of Virginia I LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
54-2045669
Affordable Housing
VA
NA
(12)
Local and Historic Equity Fund of Virginia II LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
20-8001905
Affordable Housing
VA
NA
(13)
Virginia Housing and Historic Equity Fund I LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
54-1916447
Affordable Housing
VA
NA
(14)
Historic Fund of Virginia IV-Bristol Trainstation LP
1840 West Broad Street Suite 200
Richmond
,
VA
23220
26-2796552
Affordable Housing
VA
NA
(15)
Housing Equity Fund Of Kentucky II LLC
106 Pasco St
Berea
,
KY
40403
26-2753968
Affordable Housing
VA
NA
(16)
Historic Equity Fund of Virginia V - Beckstoffer Lofts LP
1840 West Broad Street Suite 200
Richmond
,
VA
23220
45-0605236
Affordable Housing
VA
NA
(17)
VCDC Cardinal Equity Fund LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
46-4340627
Affordable Housing
VA
NA
(18)
VCDC Dogwood Equity Fund LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
47-2529218
Affordable Housing
VA
NA
(19)
Housing Equity Fund of Virginia XII LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
26-2789128
Affordable Housing
VA
NA
(20)
Housing Equity Fund of Virginia XIV LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
27-0607548
Affordable Housing
VA
NA
(21)
Housing Equity Fund of Virginia XV LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
27-3468017
Affordable Housing
VA
NA
(22)
Housing Equity Fund of Virginia XVI LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
45-2484517
Affordable Housing
VA
NA
(23)
Housing Equity Fund of Virginia XVII LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
46-1125346
Affordable Housing
VA
NA
(24)
Housing Equity Fund of Virginia XIII LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
46-3282447
Affordable Housing
VA
NA
(25)
Housing Equity Fund of Virginia XIX LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
47-1723798
Affordable Housing
VA
NA
(26)
Housing Equity Fund of Kentucky III LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
45-1441942
Affordable Housing
VA
NA
(27)
Housing Equity Fund of Virginia XX LLC
1840 West Broad Street Suite 200
Richmond
,
VA
23220
47-5492222
Affordable Housing
VA
NA
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Type of entity
(C corp, S corp,
or trust)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Percentage
ownership
(i)
Section 512(b)(13) controlled entity?
Yes
No
(1)
Virginia Affordable Housing Management Inc
1840 West Broad Street
Richmond
,
VA
23220
54-1919351
Affordable Housing
VA
VCDC
C
100.000 %
Yes
Schedule R (Form 990) 2015
Page 3
Schedule R (Form 990) 2015
Page
3
Part V
Transactions With Related Organizations
Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note.
Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1
During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a
Receipt of
(i)
interest,
(ii)
annuities,
(iii)
royalties, or
(iv)
rent from a controlled entity
.....................
1a
No
b
Gift, grant, or capital contribution to related organization(s)
............................
1b
No
c
Gift, grant, or capital contribution from related organization(s)
............................
1c
Yes
d
Loans or loan guarantees to or for related organization(s)
............................
1d
Yes
e
Loans or loan guarantees by related organization(s)
............................
1e
No
f
Dividends from related organization(s)
............................
1f
No
g
Sale of assets to related organization(s)
............................
1g
No
h
Purchase of assets from related organization(s)
............................
1h
No
i
Exchange of assets with related organization(s)
............................
1i
No
j
Lease of facilities, equipment, or other assets to related organization(s)
.......................
1j
No
k
Lease of facilities, equipment, or other assets from related organization(s)
......................
1k
No
l
Performance of services or membership or fundraising solicitations for related organization(s)
.....................
1l
Yes
m
Performance of services or membership or fundraising solicitations by related organization(s)
.................
1m
No
n
Sharing of facilities, equipment, mailing lists, or other assets with related organization(s)
...................
1n
No
o
Sharing of paid employees with related organization(s)
............................
1o
Yes
p
Reimbursement paid to related organization(s) for expenses
............................
1p
Yes
q
Reimbursement paid by related organization(s) for expenses
............................
1q
Yes
r
Other transfer of cash or property to related organization(s)
............................
1r
Yes
s
Other transfer of cash or property from related organization(s)
............................
1s
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization
(b)
Transaction
type (a-s)
(c)
Amount involved
(d)
Method of determining amount involved
(1)
Housing Capital Corporation of Virginia
l
437,496
ACTUAL
(2)
Housing Capital Corporation of Virginia
d
15,950
ACTUAL
(3)
Historic Equity Fund of Virginia VIII LLC
d
299,439
ACTUAL
(4)
Housing Equity Fund of Virginia XVI LLC
d
1,113
ACTUAL
(5)
Housing Equity Fund of Virginia XIX LLC
d
992,720
ACTUAL
(6)
Housing Equity Fund of Virginia XIX LLC
q
1,220,733
(7)
Housing Equity Fund of Virginia XX LLC
d
417,105
(8)
Housing Equity Fund of Virginia XX LLC
q
239,351
(9)
Housing Equity Fund Of Kentucky III LLC
p
(10)
Housing Equity Fund Of Kentucky III LLC
o
(11)
Housing Capital Corporation of Virginia
p
(12)
Housing Capital Corporation of Virginia
o
276,832
(13)
Housing Equity Fund of Virginia XVII LLC
o
(14)
Housing Equity Fund of Virginia XVIII LLC
o
(15)
Virginia Community Development Fund Inc
c
(16)
Housing Equity Fund of Virginia XVIII LLC
q
(17)
Housing Equity Fund of Virginia XII LLC
d
11,575
(18)
Housing Equity Fund of Virginia V LLC
d
40,000
(19)
Historic Equity Fund of Virginia IV LLC
d
10,000
(20)
Local and Historic Equity Fund of Virginia VI LLC
d
20,000
(21)
Virginia Affordable Housing Management Inc
d
15,500
(22)
VCDC Cardinal Equity Fund LLC
d
(23)
VCDC Cardinal Equity Fund LLC
q
(24)
VCDC Dogwood Equity Fund LLC
q
(25)
See Statement
Schedule R (Form 990) 2015
Page 4
Schedule R (Form 990) 2015
Page
4
Part VI
Unrelated Organizations Taxable as a Partnership
Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity
(b)
Primary activity
(c)
Legal domicile
(state or foreign
country)
(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)
(e)
Are all partners
section
501(c)(3)
organizations?
(f)
Share of total income
(g)
Share of
end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
Yes
No
Schedule R (Form 990) 2015
Page 5
Schedule R (Form 990) 2015
Page
5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference
Explanation
Schedule R (Form 990) 2015
Additional Data
Software ID:
15000272
Software Version: